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The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Performance Shipping's Revenue for the
three
months ended in Mar. 2026 was $33.77 Mil. Performance Shipping's average Accounts Receivable for the
three
months ended in Mar. 2026 was $6.29 Mil.
Hence, Performance Shipping's Receivables Turnover for the
three
months ended in Mar. 2026 was 5.37.
An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.
Performance Shipping Receivables Turnover Related Terms
Performance Shipping Receivables Turnover Historical Data
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The historical data trend for Performance Shipping's Receivables Turnover can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
PSHG vs CTRM, VNTG, EHLD: Receivables Turnover Comparison
For the Marine Shipping subindustry, Performance Shipping's Receivables Turnover, along with its competitors' market caps and Receivables Turnover data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Performance Shipping Receivables Turnover vs Transportation Industry
For the Transportation industry and Industrials sector, Performance Shipping's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Performance Shipping's Receivables Turnover falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Performance Shipping (PSHG) has a Receivables Turnover of 5.37 as of Mar. 2026. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on Performance Shipping and its competitors. According to the industry distribution chart, Performance Shipping ranks #215 out of 998 companies in the Transportation industry, placing it in the top 21.5%.
Is Performance Shipping's Receivables Turnover too high?
Performance Shipping's current Receivables Turnover is 5.37. The Transportation industry median Receivables Turnover is 7.73. Performance Shipping's value of 5.37 is 30.5% below this industry median. Based on the distribution chart, Performance Shipping ranks #215 out of 998 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Performance Shipping has a GF Score™ of 53/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Performance Shipping's Receivables Turnover compare to CTRM and VNTG?
According to the Transportation industry distribution chart, Performance Shipping ranks #215 out of 998 companies for Receivables Turnover. This places Performance Shipping in the top 22% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 7.73. Performance Shipping's value of 5.37 is 30.5% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Transportation company?
The median Receivables Turnover among Transportation companies is 7.73, based on 998 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Performance Shipping's current Receivables Turnover of 5.37 is 30.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on Performance Shipping and its competitors. For the Transportation industry, the median Receivables Turnover is 7.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Performance Shipping's current Receivables Turnover is 5.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Performance Shipping stock overvalued right now?
Based on GuruFocus' analysis, Performance Shipping (PSHG) is currently considered Modestly Undervalued. The stock's GF Value™ is $2.11, compared to a current price of $1.72 — trading 18.5% below its estimated fair value. The current Receivables Turnover is 5.37 and 30.5% below the Transportation industry median of 7.73. Performance Shipping's overall GF Score™ is 53/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Performance Shipping (PSHG), the current Receivables Turnover is 5.37 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Performance Shipping (PSHG) Overvalued in 2026?
Based on GuruFocus' analysis, Performance Shipping stock appears to be undervalued.
The current stock price of $1.72 is trading 18.5% below its estimated GF Value™ of $2.11.
GuruFocus considers Performance Shipping to be Modestly Undervalued.
Key valuation signals for PSHG:
Receivables Turnover: 5.37
GF Value™: $2.11 vs. price of $1.72 (18.5% below fair value)
Industry Position: 30.5% below the Transportation median (#215 of 998)
No single metric tells the full story. See the PSHG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Performance Shipping Inc is a shipping company. The company is a provider of shipping transportation services through the ownership of tanker vessels. The company's vessels are employed on time charters with liner companies carrying container vessels and cargo along various shipping routes. It owns and operates Aframax and Suezmax tanker vessels.
53GF Score
Get the complete analysis for PSHG
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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